| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACCENTURE PLC CL A COMMON STOCK USD.0000225 | 7,387,080 | 7,387,080 |
| ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 | 758,708 | 758,708 |
| AMERICAN HOMES 4 RENT A REIT USD.01 | 2,282,200 | 2,282,200 |
| APARTMENT INCOME REIT CO REIT USD.01 | 1,588,747 | 1,588,747 |
| AUTODESK INC COMMON STOCK USD.01 | 5,052,258 | 5,052,258 |
| AVALONBAY COMMUNITIES INC REIT USD.01 | 1,718,269 | 1,718,269 |
| BETA GLASS PLC COMMON STOCK NGN.5 | 648,865 | 648,865 |
| BK GROUP PLC COMMON STOCK | 1,271,201 | 1,271,201 |
| BK GROUP PLC COMMON STOCK | 1,811,172 | 1,811,172 |
| BOSTON PROPERTIES INC REIT USD.01 | 1,514,661 | 1,514,661 |
| CAMDEN PROPERTY TRUST REIT USD.01 | 1,432,075 | 1,432,075 |
| COMMERCIAL INTL BANK GDR REG GDR EGP10. | 1,691,344 | 1,691,344 |
| COMMERCIAL INTL BANK GDR REG GDR EGP10.0 | 148,511 | 148,511 |
| COPART INC COMMON STOCK | 11,681,963 | 11,681,963 |
| CORESITE REALTY CORP REIT USD.01 | 1,258,445 | 1,258,445 |
| CRDB BANK PLC COMMON STOCK | 1,964,367 | 1,964,367 |
| CRYSTAL TELECOM LTD COMMON STOCK | 982,922 | 982,922 |
| CUBESMART REIT USD.01 | 1,346,591 | 1,346,591 |
| DESCARTES SYSTEMS GRP/THE COMMON STOCK | 4,595,451 | 4,595,451 |
| DEVELOPMENT FINANCE COMPANY COMMON STOCK | 1,571,538 | 1,571,538 |
| DIGITAL REALTY TRUST INC REIT USD.01 | 1,150,840 | 1,150,840 |
| DOUGLAS EMMETT INC REIT USD.01 | 1,103,414 | 1,103,414 |
| DUKE REALTY CORP REIT USD.01 | 272,933 | 272,933 |
| EGYPTIAN INTERNATIONAL PHARM COMMON STOCK EGP10. | 2,953,969 | 2,953,969 |
| EQUINIX INC REIT USD.001 | 3,419,074 | 3,419,074 |
| FIRST INDUSTRIAL REALTY TR REIT USD.01 | 1,350,526 | 1,350,526 |
| GUARANTY TRUST BANK COMMON STOCK NGN.5 | 2,231,498 | 2,231,498 |
| GUARANTY TRUST BANK GDR REGS GDR | 360,724 | 360,724 |
| HEALTHPEAK PROPERTIES INC REIT USD1.0 | 1,426,214 | 1,426,214 |
| HIGHWOODS PROPERTIES INC REIT USD.01 | 1,018,806 | 1,018,806 |
| HUDSON PACIFIC PROPERTIES IN REIT USD.01 | 379,948 | 379,948 |
| INNSCOR AFRICA LTD COMMON STOCK ZWL.01 | 112,840 | 112,840 |
| INTEGRATED DIAGNOSTICS HOLDI COMMON STOCK USD.25 | 2,205,304 | 2,205,304 |
| INVITATION HOMES INC REIT USD.01 | 1,672,953 | 1,672,953 |
| JUHAYNA FOOD INDUSTRIES COMMON STOCK EGP1. | 2,108,312 | 2,108,312 |
| KIMCO REALTY CORP REIT USD.01 | 516,379 | 516,379 |
| KINAXIS INC COMMON STOCK | 8,082,567 | 8,082,567 |
| LIBERTY KENYA HOLDING LTD COMMON STOCK | 355,528 | 355,528 |
| LIFE STORAGE INC REIT USD.01 | 1,164,639 | 1,164,639 |
| MASONITE INTERNATIONAL CORP COMMON STOCK | 15,472,939 | 15,472,939 |
| MCB GROUP LTD COMMON STOCK NPV | 1,348,252 | 1,348,252 |
| NAIROBI SECURITIES EXCHANGE COMMON STOCK KES4.0 | 541,844 | 541,844 |
| OKOMU OIL PALM PLC COMMON STOCK NGN.5 | 1,858,551 | 1,858,551 |
| ORASCOM CONSTRUCTION PLC COMMON STOCK USD1.0 | 4,278,173 | 4,278,173 |
| PALMCI COMMON STOCK XOF1320.0 | 1,179,752 | 1,179,752 |
| PEGASYSTEMS INC COMMON STOCK USD.01 | 13,591,904 | 13,591,904 |
| PRIMO WATER CORP COMMON STOCK | 10,337,339 | 10,337,339 |
| PROLOGIS INC REIT USD.01 | 3,295,822 | 3,295,822 |
| PTC INC COMMON STOCK USD.01 | 24,453,784 | 24,453,784 |
| PUBLIC STORAGE REIT USD.1 | 1,731,693 | 1,731,693 |
| R1 RCM INC COMMON STOCK USD.01 | 3,273,077 | 3,273,077 |
| REATA PHARMACEUTICALS INC A COMMON STOCK USD.001 | 7,851,476 | 7,851,476 |
| REGENCY CENTERS CORP REIT USD.01 | 608,021 | 608,021 |
| RESIDEO TECHNOLOGIES INC COMMON STOCK USD.001 | 15,332,739 | 15,332,739 |
| ROTORK PLC COMMON STOCK GBP.005 | 7,580,281 | 7,580,281 |
| SCANCOM PLC COMMON STOCK | 2,075,835 | 2,075,835 |
| SERVICENOW INC COMMON STOCK USD.001 | 19,285,223 | 19,285,223 |
| SIMON PROPERTY GROUP INC REIT USD.0001 | 826,780 | 826,780 |
| SOC DE LIMONADERIES ET BRASS COMMON STOCK XOF5000. | 488,224 | 488,224 |
| SOC GEN BANQ EN COTE IVOIRE COMMON STOCK XOF500.0 | 330,302 | 330,302 |
| SONATEL COMMON STOCK XOF500. | 3,197,359 | 3,197,359 |
| STANBIC BANK UGANDA LTD COMMON STOCK | 831,623 | 831,623 |
| STANDARD CHARTERED BK GHANA COMMON STOCK | 1,746,895 | 1,746,895 |
| SUNSTONE HOTEL INVESTORS INC REIT USD.01 | 1,093,556 | 1,093,556 |
| TALEND SA ADR ADR | 6,914,383 | 6,914,383 |
| TANGA CEMENT CO LTD COMMON STOCK | 65,113 | 65,113 |
| TANZANIA BREWERIES LTD COMMON STOCK | 3,137,850 | 3,137,850 |
| TYLER TECHNOLOGIES INC COMMON STOCK USD.01 | 9,854,601 | 9,854,601 |
| UDR INC REIT USD.01 | 941,241 | 941,241 |
| UMEME LTD COMMON STOCK | 133,406 | 133,406 |
| UMEME LTD COMMON STOCK | 1,930,537 | 1,930,537 |
| VIVO ENERGY PLC COMMON STOCK USD.5 | 3,191,662 | 3,191,662 |
| WEINGARTEN REALTY INVESTORS REIT USD.03 | 340,824 | 340,824 |
| WELLTOWER INC REIT USD1.0 | 1,674,178 | 1,674,178 |
| WIX.COM LTD COMMON STOCK ILS.01 | 6,048,579 | 6,048,579 |
| WORKIVA INC COMMON STOCK USD.001 | 7,826,366 | 7,826,366 |
| ZAMBIAN BREWERIES COMMON STOCK ZMW.001 | 736,513 | 736,513 |